Author: TechNode Global Staff

South Korea’s Krafton partners with Solana Labs for blockchain-based games and services

Krafton, Inc. announced Thursday the signing of a business agreement with Solana Labs to support the design and marketing of blockchain-based games and services. Through this agreement, Krafton and Solana Labs are poised to build a long-term cooperative relationship for the development and operation of blockchain- and non-fungible token (NFT)-based games…

2C2P partners with ShopeePay to boost digital payments in Southeast Asia

2C2P and ShopeePay announced Wednesday a new partnership to increase access to digital payments for consumers and merchants by enabling ShopeePay as a payment option to 2C2P’s extensive merchant network across five markets in Southeast Asia. The move will enhance connectivity to the digital economy, a key driver of regional economic development. With…

Securities Commission Malaysia registers two initial exchange offering operators

The Securities Commission Malaysia (SC) announced Wednesday that it has registered two initial exchange offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd, to promote responsible innovation in the digital assets space. The registered IEO operators will provide an alternative avenue for eligible companies to raise funds via the…

Malaysia’s iPrice Group raises $5M from Itochu Corporation and KDDI Corporation

iPrice Group, Malaysia-based price comparison platform, announced Wednesday that it has raised $5 million of additional funding led by Japan-based firms Itochu Corporation and the KDDI Open Innovation Fund III (operated by Global Brain Corporation). The additional funding will bolster iPrice’s role in finding shoppers the best deals as Southeast Asia’s…

Indonesian aquaculture startup DELOS secures $8M seed extension round co-led by Centauri Fund and Alpha JWC Ventures

DELOS has raised $8 million in seed extension financing co-led by Centauri and Alpha JWC Ventures. The round was joined by existing investors, Number Capital, Arise, iSeed SEA, Irvan Kolonas, as well as Alto Partners Multi-Family Office, Mahanusa Capital, Kopi Kenangan Founder James Prananto, and a number of strategic follow-on investors, The company plans…

Tencent co-leads $120M round of UK SaaS-based employment firm Omnipresent

Omnipresent has raised $120 million in its Series B funding round, led by Kinnevik, and Tencent. The amount includes a pre-Series B round in the second half of 2021 and follows seed and Series A rounds in April 2020 and December 2020. Uncorrelated Ventures, a San Francisco-based investor, also participated the round, rounding out an investor list from Asia,…

BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa develop experimental multi-CBDC platform for international settlements

The Bank for International Settlements (BIS) Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore, and the South African Reserve Bank announced Tuesday the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (mCBDCs). Led by the…

Singapore’s Handprint raises $2.2M seed funding led by Thunes

Handprint has raised $2.2 million in seed funding led by leading payments network Thunes, with participation from other angel investors. The funding will be used to further build Handprint’s technology and expand its network of impact partners, helping to advance Handprint’s mission to transform the extractive economy into a regenerative economy - making it…

Singapore FinTech firm Validus acquires CitiBusiness loan portfolio in Singapore

Validus has entered into an agreement with Citi to acquire its CitiBusiness loan portfolio in Singapore, in a move that will bolster Validus’ top line revenue, customer base, and expand its growing loan book. This is the first time a FinTech in Southeast Asia is acquiring an established bank’s loan portfolio and customer base, and it underscores Validus’…

Blockchain Association Singapore partners SGTech to boost blockchain development in Singapore

Blockchain Association Singapore (BAS) and SGTech have signed a Memorandum of Understanding (MOU) to form a strategic partnership to collaborate on blockchain-related issues in Singapore. Under the MOU, both parties will establish a deep partnership to bolster the local blockchain ecosystem through leveraging on each other’s networks on issues such as…